Downsizing In Ottawa - Real Estate Market

🏠 The hip term for empty nester is now called the Bird Launcher. 🐦 👋 My name is Greg Hamre from RE/MAX Affiliates in Ottawa and the Hamre Real Estate Team. 🌊 We're seeing a wave of new buyers coming into the market. 🏡 These are 60-plus homeowners who are looking to downsize that grown-and flown lifestyle where they're now going, the kids have left the house. 🌊 We have too much space or we're looking for a new lifestyle and it is the wave of new buyers. 👨‍👩‍👧‍👦 There are 60 plus looking in the Ottawa area. 🤔 The question that comes up is Greg, when is downsizing or empty nesting? 🕰️ When does that take place in our lives? 🏡 And when should we start thinking about it? ❓ And what type of products should we look at? 🌳 I've been out all week long with people looking for bungalows for condominium lifestyle and it depends on their recreation. 🌻 If you still like gardening, you know, a bungalow is the way to go whether it's a stand-alone or a semi-detached. 🔑 If you're looking for more of something that you can just turn the key and lock the door and go away for a month, six months a week, and not have to worry. 🏢 Then a condominium is, is much more in your style. ❓ But a lot of the questions are, how do I prepare for it, Greg? 📦 We have companies that will go in and organize your home goods to a goodwill section. 🎁 We will pass this on to other family members who will take this with us and then the rest gets disposed of. 🚛 We also have people who will organize the move for you to make it as seamless as possible. 📅 My best advice is to start thinking about it before you actually want to do it. 👨‍👩‍👧‍👦 I've already experienced it myself. 🏡 We've downsized, my wife and I have already downsized so I can tell you that there is life after kids and it's quite exciting. 🌟 There's still a lot of life to live out there. 🌈 Ottawa is a beautiful city to do that in but start planning ahead. 📆 It's never too early to start planning and this new phenomenon is not just happening to my clients and in Ottawa, it's called the Silver Tsunami and it is predicted to happen over in the next five years of a wave of 60 plus baby boomer crowd is making a move to lifestyle and they're moving away from the family style home and moving on to the quality of life, enjoyment, recreation, something that's walkable that they can hit amenities like coffee shops, restaurants, walkability, staying in health, whether it's winter activities or summer activities. 🌊 And then on top of that travel COVID has kept us huddled in our homes for many years and nobody wants to talk about it anymore. 💼 The fact is we'll be talking about it for another 100 years. 🦠 It just affected a lot of families and now everybody is ready to break loose more than ever. 📉 As we see interest rates come down this year, it's really going to accelerate that move of lifestyle. 🌊 It's called the Silver Tsunami for those people who have families that have grown and flown or the bird launchers or the empty nesters, whatever sounds hip to you. 🤝 We can understand that we want to be a part of that move for you, making it seamless as possible and as easy as possible for you. 🏡 But more importantly, finding you something that makes you excited to call home. 👋 My name is Greg Hamre from RE/MAX Affiliates in Ottawa and the Hamre Real Estate Team. 👀 We hope to see you soon. 🤗 Take care.

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